Category: Economics

You have the right to remain: Part 4, Unreasonable

28 August, 2014 (09:00) | Atlantic City, Cities, Development, Donald Trump, Economics, ED4ED, Eminent domain, Fair market value, Homeownership, Housing, Land use, Markets, Urban renewal, Urbanization, US News, Vera Coking | No comments

By: David A. Smith [Continued from yesterday's Part 3 and the preceding Part 1 and Part 2.]   Enoch ‘Nucky’ Thompson: The puppies have grown fangs. – Boardwalk Empire In an attempt to help Atlantic City remake its downtown to attract a new generation of punters, by the mid-1990s the New Jersey Casino Reinvestment Development […]

You have the right to remain: Part 3, Stubborn

27 August, 2014 (09:00) | Atlantic City, Cities, Development, Donald Trump, Economics, ED4ED, Eminent domain, Fair market value, Homeownership, Housing, Land use, Markets, Urban renewal, Urbanization, US News, Vera Coking | No comments

[Continued from yesterday's Part 2 and the preceding Part 1.] By: David A. Smith Meyer Lansky: We do operate a game in what might be termed a grey area territorially. But as to any violence in the neighborhood… Joe Masseria: They stab themself, eh? Lucky Luciano: A coincidence then. It happens. – Boardwalk Empire By […]

You have the right to remain: Part 2, Anachronistic

26 August, 2014 (09:00) | Atlantic City, Cities, Development, Donald Trump, Economics, ED4ED, Eminent domain, Fair market value, Homeownership, Housing, Land use, Markets, Urban renewal, Urbanization, US News, Vera Coking | No comments

[Continued from yesterday's Part 1.] By: David A. Smith Arnold Rothstein: The very reason this game is so challenging. There’s a lot of money in that pot. How much do you think is in there? – Boardwalk Empire As we saw in yesterday’s opening post, Atlantic City was one of the world’s earliest technological (or […]

You have the right to remain: Part 1, Immovable

25 August, 2014 (10:43) | Atlantic City, Cities, Development, Donald Trump, Economics, ED4ED, Eminent domain, Fair market value, Homeownership, Housing, Land use, Markets, Urban renewal, Urbanization, US News, Vera Coking | No comments

Arnold Rothstein: A sound elimination is the basis of good health. – Boardwalk Empire By: David A. Smith Maybe print one of these for every home owner? Vera Coking could have been Susette Kelo; in fact, she was Susette Kelo … but in 1998, she won her eminent domain taking case. She won? Vera Coking […]

Vertically Obsolete: Part 3, The political barriers to rezoning

6 August, 2014 (09:51) | Affordability, Apartments, de Blasio, Density, Development, Economics, FAR, Housing, Inclusionary zoning, New York City, Rent stabilization, Rental, Verticality, Zoning | No comments

[Continued from yesterday's Part 2 and the preceding Part 1.] By:David A. Smith As we’ve seen in the preceding two parts, taking off from Josh Barro’s New York Times (June 7, 2014) article tacitly criticizing the Abington’s inclusionary-zoning affordable apartments for having ‘extremely expensive implicit subsidies’, a city must manage its verticality, both with the […]